473 BARKING ROAD East Ham, London E6 2LL
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FOR SALE EAST LONDON RESIDENTIAL DEVELOPMENT OPPORTUNITY 473 BARKING ROAD East Ham, London E6 2LL CGI of Proposed 22 Unit Scheme Key Highlights • A residential development opportunity in • The site has been subject to positive pre- East Ham, East London. application meetings with Newham Council and their Design Review Panel. The principle • The site extends to approximately 0.11 of residential development on the site is hectares (0.29 acres) and currently supported. comprises a vacant two storey brick building extending to approximately 743 sq m (8,000 • A 25 unit scheme was most recently sq ft). subject to discussion and in response a slightly reduced scheme has been drawn up • Situated approximately 950 metres south comprising: of East Ham station, which provides District and Hammersmith & City London – 22 residential units with a total NSA of Underground services. approximately 1,450 sq m (15,608 sq ft). • For sale freehold with vacant possession. SAVILLS LONDON 33 Margaret Street London W1G 0JD +44 (0) 20 7075 2860 savills.co.uk Location The site is located in East Ham, within the London Borough of Newham, with Stratford and West Ham to the west and Barking to the east. A wide range of amenities are provided on Barking Road and East Ham high street, including supermarkets, cafés, restaurants, banks and gyms. Barking Road Recreation Ground and Central Park are located approximately 500 metres east and 640 metres south of the site respectively, providing access to green open spaces. Connectivity East Ham station is approximately 950 meters to the north and provides District and Hammersmith & City London Underground services with journey times of approximately 23 minutes to London Liverpool Street, 31 minutes to Kings Cross and Red line for indicative purposes only 36 minutes to Victoria (Source: TfL). Ordnance Survey Crown Copyright 2021. All rights reserved. The site benefits from excellent Licence number 100022432. road connections and is located Plotted Scale - 1:1000. Paper Size – A4 approximately 0.6 miles (1 km) from the North Circular (A406) and approximately 3.5 miles (5.6 km) from the interchange with the North Circular and the A12. Description The site extends to approximately 0.11 hectares (0.29 acres) and currently comprises a vacant two storey brick building extending to approximately 743 sq m (8,000 sq ft). The site fronts Barking Road and is bound to the west by The London Borough of Newham building, to the east by Altmore Avenue and to the north by residential dwellings. Site location for indicative purposes only Ordnance Survey Crown Copyright 2020. All rights reserved. Licence number 100022432. Plotted Scale - 1:8000. Paper Size – A4 SAVILLS LONDON 33 Margaret Street London W1G 0JD +44 (0) 20 7075 2860 savills.co.uk Image of site - Barking Road (looking east) Planning & Development Potential Proposed Accommodation Schedule – 22 Unit Scheme The site is situated within the jurisdiction of the London UNIT TYPE NO. UNITS NSA SQ M NSA SQ FT Borough of Newham. There are no statutorily or locally listed buildings on or near to the site, however the site 1B2P 12 600 6,458 sits within the East Ham Conservation Area. 2B4P 5 350 3,767 The site has been subject to a number of pre application 3B5P 5 500 5,382 meetings with Newham Council and their Design Review Panel (‘DRP’). The general consensus is positive in Total 22 1,450 15,608 support of the redevelopment of the site for residential use, subject to justifying the loss of the site’s existing lawful use (A2 / Job centre). FLOOR NO. UNITS NSA SQ M NSA SQ FT Various iterations of the scheme have been presented G/1st 5 500 5,382 to Newham Council. The latest iteration, a 25 unit 1 2 140 1,507 residential scheme was subject to positive feedback. The DRP raised points for consideration including the 2 5 270 2,906 reduction in the overall quantum of the development in order to improve the quality of the accommodation. 3 5 270 2,906 Following pre-application feedback on a 25 unit 4 5 270 2,906 scheme, a revised 22 unit scheme set over five storeys Total 22 1,450 15,608 with shared amenity space and cycle parking has been drawn up. A schedule of accommodation setting out Previous Schemes the proposed areas for the 22 unit scheme is provided A number of other schemes have been drawn up and the below. relevant information is available on the dataroom. A planning note detailing the full planning history of the site has been prepared by Knight Frank Planning. This and all of the pre-application and DRP responses are available on the dataroom. SAVILLS LONDON 33 Margaret Street London W1G 0JD +44 (0) 20 7499 8644 savills.co.uk Proposed 22 Unit Scheme Floor Plans Scooter Store Cycle Store Terrace Lobby Terrace Terrace Terrace Terrace Lounge Reception Lounge Lounge Lounge Lounge Corridor Bathroom Lobby Refuse 0 Corridor Corridor Corridor Corridor Bathroom 1000 Bathroom Bathroom Bathroom Kitchen Kitchen Kitchen Kitchen Kitchen Plant Sub Station Entrance Entrance Entrance Entrance Entrance GROUND FLOOR Bedroom 2 Kitchen / Lounge Terrace Bathroom Bedroom 1 7300 Lobby Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bedroom 1 Bathroom Bathroom Corridor Bathroom Bathroom Bathroom Bathroom Corridor Corridor Corridor Corridor Bedroom 2 Bedroom 3 Kitchen / Lounge Bedroom 3 Bedroom 2 Bedroom 3 Bedroom 2 Bedroom 3 Bedroom 2 Bedroom 3 Bedroom 2 Bedroom 2 Terrace FIRST FLOOR Not to scale. For indicative purposes only. SAVILLS LONDON 33 Margaret Street London W1G 0JD +44 (0) 20 7075 2860 savills.co.uk Proposed 22 Unit Scheme Floor Plans Roof Lobby Open Walkway Bedroom Bedroom Bedroom Bedroom Bedroom 1 Roof Bathroom Bathroom Bathroom Bathroom Bathroom Kitchen / Lounge Kitchen / Lounge Kitchen / Lounge Kitchen / Lounge Kitchen / Lounge Bedroom 2 Terrace Terrace Terrace Terrace Terrace SECOND FLOOR Lobby Bedroom Bedroom Bedroom Bedroom Bedroom 1 Bathroom Bathroom Bathroom Bathroom Bathroom 10300 Kitchen / Lounge Kitchen / Lounge Kitchen / Lounge Kitchen / Lounge Kitchen / Lounge Bedroom 2 Terrace Terrace Terrace Terrace Terrace THIRD & FOURTH FLOOR Not to scale. For indicative purposes only. SAVILLS LONDON 33 Margaret Street London W1G 0JD +44 (0) 20 7499 8644 Image of site - Barking Road (looking west) Title & Tenure Viewings There are currently guardians in occupation however The site can be inspected from Barking Road and vacant possession can be provided on completion. Altmore Avenue street frontings, however access to the site itself is strictly by appointment. Please contact the The property is for sale freehold. sole selling agents to make an appointment. Method of Sale Prospective purchasers should be made aware that The property will be sold by way of informal tender inspections are made entirely at their own risk and no (unless sold prior). A date for the submission of offers liability is accepted by the owner or their agents. will be confirmed. Virtual Tour VAT Please follow the link provided for a virtual tour of the We understand that the property is elected for VAT. property: 473 Barking Road Virtual Tour EPC Further Information The EPC rating of the Property is E. Further information Further information including planning, technical and is available on the dataroom. legal documentation is available on the online dataroom at: www.savills.com/473BarkingRoad Contact Hugh Bushell Georgie O’Connell +44 (0) 207 075 2860 +44 (0) 207 409 8136 [email protected] [email protected] IMPORTANT NOTICE Maps are reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100022432 Savills (UK) Ltd, published for the purposes of identification only and although believed to be correct accuracy is not guaranteed. Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | January 2021.